Cigarette Ads The FTC’s annual report on cigarette sales and advertising shows that the major cigarette manufacturers spent $15.15 billion on advertising and promotional expenditures in 2003, an increase of $2.68 billion from 2002 and the most ever reported to the Commission.
a. Write the linear equation that represents the expenditure as a function of the number of years after 2000.
b. Use the model to determine in what year the expenditures are expected to exceed 60 billion dollars.
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